Committee for a Responsible Federal Budget Opposes Long-Term Budgeting Abuse
Posted on Jun 28, 2017 in News
In a June 22nd press release the Committee for a Responsible Federal Budget both acknowledged the beneficial aspects of long-term budgeting and denounced its irresponsible use to add to the country’s growing debt crisis. Maya MacGuineas, President of the Committee, stated that moving to a 20-year budget window could provide needed guidance to lawmakers in drafting legislation and policies to support lasting fiscal stability. However, MacGuineas warned that “[t]ax reform should be fully paid for, regardless of the budget window. If the only purpose of moving to a 20-year budget window is to add to the debt, then it is a gimmick.”
Read more here: Long-Term Budget Should Be Used to Strengthen Fiscal Responsibility, Not Avoid It